Volume Average Three Months Formula in Excel

Volume is a critical indicator of market activity, and the Volume Average Three Months formula helps you analyze the three-month average trading volume for a given stock or security directly within Excel using MarketXLS. This function leverages external data to determine the average volume traded for the specified symbol over the last 91 days (approximately three months). In this guide, you’ll learn how to use the Volume Average Three Months formula, its syntax, parameters, and best practices.

Understanding Volume Average Three Months

• Purpose and Use Cases
  The Volume Average Three Months formula is designed to provide traders and investors with a quick view of the average trading volume over a three-month period. This helps in analyzing market liquidity and sentiment over a more extended timeframe.

• Key Benefits

  • Save time by retrieving volume data directly in Excel.
  • Monitor liquidity trends to make more informed trading decisions.
  • Combine with other MarketXLS formulas for advanced market analysis.

• When to Use

  • Evaluating a stock’s trading consistency before positioning trades.
  • Tracking liquidity changes for indices, options, and crypto assets.
  • Comparing volume across multiple symbols to identify high-interest markets.

Syntax and Parameters

Use the following syntax to call the Volume Average Three Months formula:

=VolumeAverageThreeMonths(Symbol)

• Return Value
  The formula returns a numeric value representing the average daily trading volume over the last 91 days for the specified symbol. If the symbol is invalid or the license is not active, the function returns "NA".

? Pro Tip: Ensure you have a valid MarketXLS license before using this function to avoid data retrieval issues.

?? Note: VolumeAverageThreeMonths automatically uses the date range from 91 days ago to yesterday (i.e., Today - 91 through Today - 1). No additional date parameters are required.

Examples and Usage

Below are some typical examples of how to use the Volume Average Three Months formula in Excel.

• Basic Example (US Stock)

  =VolumeAverageThreeMonths("MSFT")

  Retrieves the three-month average traded volume for Microsoft.

• Tracking an Index

  =VolumeAverageThreeMonths("^SPX")

  Returns the average volume over the last three months for the S&P 500 Index.

• Analyzing an Option Contract

  =VolumeAverageThreeMonths("@MSFT 110122C00020000")

  Retrieves the average volume for a specific Microsoft call option contract.

• Observing Crypto Volume

  =VolumeAverageThreeMonths("BTCUSD:DEFAULT")

  Retrieves the average trading volume for Bitcoin over the past three months.

? Pro Tip: Combine this formula with other MarketXLS data (e.g., price, returns) to get a comprehensive market view.

Common Questions

1. What happens if I enter an incorrect symbol?

   • The function will return "NA". Double-check the symbol spelling or format.

2. Why am I getting “NA” for every symbol?

   • Ensure your MarketXLS license is valid. An invalid or expired license can prevent data retrieval.

3. Can I customize the date range?

   • Not with this function. It automatically calculates volume for the last 91 days.

4. How does this impact Excel performance?

   • The function uses caching for up to four hours (per MarketXLS backend), helping improve performance when used repeatedly. However, excessive calls for many symbols might slow down Excel.

5. Are any additional add-ons required?

   • No. A standard MarketXLS subscription with the appropriate data plan is sufficient.

?? Note: Data availability varies based on your MarketXLS subscription plan and data source coverage.

Use the Volume Average Three Months formula in Excel (with MarketXLS) to stay on top of trading volume trends and enhance your market analysis!